Replies to post #6393 on Veltex Corporation (VLXC)

[pual]

Nice recap for newcomers.

If I may:

"Three days for the audit"

I wouldn't bet, whatever the odds considering the last PR:

"Veltex is currently undergoing its 2003 audit, which the company expects to be completed in the near future."

I very much doubt he meant this year (as he did before).

[qisao]

Actually Multi-Modal was running the trucks for Veltex. The trucks were owned by Veltex...

That's interesting, and no surprise he lost $$$, the trucking industry is pretty cut-throat. No way to survive unless he had guaranteed loads and a fledgling apparel distribution chain wouldn't come close. Sounds like Multimodal took him for a ride (so to speak :).